Accountants manage a companys financial matters including:
Financial records: Organize analyze and maintain financial records such as ledgers journals and registers
Financial statements: Prepare financial statements such as balance sheets profit and loss statements and cashflow statements
Taxes: Compute taxes owed prepare tax returns and ensure taxes are paid properly and on time
Auditing: Conduct financial audits and internal audits to ensure compliance with laws and regulations
Risk assessment: Identify potential risks for fraud and assess financial operations
Recommendations: Provide recommendations to management on how to reduce costs enhance revenues and improve profits
Communication: Communicate financial insights to key stakeholders and leadership teams
Accountants may also:
Reconcile bank statements
Calculate payroll
Manage accounts payable and receivable
Assist with budgeting and forecasting
Provide financial advice to clients
Advise clients on tax planning
Advise clients on business transactions
Accountants should have strong communication skills exceptional integrity and a strong understanding of accounting systems and processes
meeting with clients virtually or during sales visits. demonstrating and presenting products. establishing new business. maintaining accurate records. attending trade exhibitions, conferences and meetings. reviewing sales performance. negotiating contracts and packages.
Education
Graduation